03 Sep '13, 2am

Ten Clean Energy Stocks for 2013: Summer: Filed under: Energy News #alternative #energy

Ten Clean Energy Stocks for 2013: Summer: Filed under: Energy News #alternative #energy

Such concerns may not dominate investors' minds for long, because on August 29th, the judge in the civil action granted Power REIT's motion to supplement its counterclaims against Norfolk Southern (NYSE:NSC) and Wheeling & Lake Erie Railway (WLE). These additional claims relate to 23,000 pages of documents belatedly provided to Power REIT by WLE, under the terms of the lease. The inclusion of these claims increase the potential damages which Power REIT might be awarded to approximately $14 per PW share, not including any interest and penalties. If even a low interest rate were applied to the amounts potentially owed to Power REIT, that $14 could easily double or quadruple given the long term nature of claims.

Full article: http://www.altenergystocks.com/archives/2013/09/ten_clean...

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